716 Kishwaukee Ct - Apartments FOR SALE


Rockford, IL 61104
$184,900 USD
754-251-0201
716 Kishwaukee Ct, Rockford, IL for Sale
$184,900 USD
Apartments - FOR SALE
1/5
null | 12.86% Cap Rate

716 Kishwaukee Ct
Rockford, IL 61104


HIGHLIGHTS

  • 716 Kishwaukee Court is a four-unit quadplex home to long-term tenants.
  • Near the Rockford city center off Highway 251 close to the scenic Rock River.
  • A turnkey investment opportunity to add a Rockford, IL, stabilized multifamily asset to an investor’s portfolio.
  • Easily accessible with plenty of tenant parking available on-site.

OVERVIEW

716 Kishwaukee Court presents a turnkey investment opportunity for a four-unit solid brick quadplex. A new roof was recently installed in 2023, and additional upside potential for further interior upgrades exists. All tenants are long-term tenants, and there are separate electric and gas meters. The units can easily be rented for $750/month. 716 Kishwaukee Court will generate a 12%+ net return on investment; property management and financing are available – inquire today!

FOR SALE DETAILS

PRICE

$184,900 USD

PRICE/SF

$71 USD /SF

# OF UNITS

4

PRICE/UNIT

$46,225

CAP RATE

12.86%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

R2

APN/PARCEL ID

11-26-263-004

ASK ABOUT THIS PROPERTY

Chris MurrayLOYD RealtyMore Info
754-251-0201

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Chris MurrayLOYD RealtyMore Info
754-251-0201

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.